Madhusudan Industries Ltd
MADH

Madhusudan Industries Ltd (515059)

₹21.44.04%

Key Stats

₹21.1
Day's Price Range
₹22.65
₹19.7
52-Week Price Range
₹42.5
1 Month Return0.9 %
3 Month Return-10.45 %
1 Year Return-14.56 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 24
15.57
EPS
Rank 50
₹1.38
BVPS
Rank 63
₹23.49
Dividend Yield
Rank 35
ROE
Rank 106
2.1%
Price To Book Ratio
Rank 9
0.91
Debt To Asset
Rank 95
0.09

Company Information

Incorporated in Feb.46 Madhusudan Industries formerly Madhusudan Vegetable Products Company now better known for its CERA range of sanitaryware and tiles has emerged as a major force in the Indian ceramic industry. In 198081 it entered the sanitaryware industry with its own technology. In 198788 it achieved a production of 8240 tpa about 92 of the capacity. The company also exports sanitaryware to the Gulf countries. The company has the units at Ahmedabad Mehsana Chittorgarh and Jamnagar. The company went public in Oct.89 to expand the capacity of the tile unit from 7000 tpa to 14000 tpa to manufacture glazed tiles and also to raise the capacity of the solvent extraction plant from 25500 tpa to 45000 tpa. In Nov.92 the company offered PCDs on a rights basis to partfinance its Rs 25crore modernisation plan. Today it has an installed capacity of 36000 tpa of vanaspati and refined oils 23000 tpa of cotton seed decortication 13500 tpa of oil mill expelling 15000 tpa of vitreous china sanitaryware 7000 tpa of ceramic tiles 180000 tpa of oil cake extraction 3600 tpa of soap 7500 tpa of refined vegetable oils. The company imported technology from West Germany UK Italy. Cera Leasing Finance Industries and Madhusudan Ceramics Industries are the subsidiaries of the company. The company continues to be first and the only sanitaryware manufacturer with ISO 9002 certification the international recognition for quality system. The company has decided to hive off its Ceramic Division by approving the Scheme of Arrangement and Reconstruction in the nature of Demerger. The demerged Ceramic Division of the company will be transferred to another company Madhusudan Oils and Fats Ltd.
OrganisationMadhusudan Industries Ltd
HeadquartersGandhinagar
IndustryMiscellaneous